Updating the market, Stockholm-listed European online gambling group Kindred Group Plc (Kindred) has confirmed that it has completed it’s £175 million acquisition of 32Red Plc (deal first announced 23 February). The announcement sees Kindred acquire 97% of 32Red Plc’s shares, which will now move to fully delist from the London AIM exchange market. Kindred governance informs that it has attributed …
Read More »Ted Menmuir
Betway extends title sponsorship of Cheltenham’s ‘Champion Chase’ for further 3 years
Betway has agreed a contract extension to sponsor the Grade One Queen Mother Champion Chase for the next three Cheltenham Festivals. The champion two-mile chase was Betway’s first major racing sponsorship deal back in 2015, when Dodging Bullets shot to victory under Sam Twiston-Davies, and the leading online bookmaker will now sponsor the top-level contest up to and including 2020. …
Read More »EUROMAT announces Jason Frost as new President
The European Gaming and Amusement Federation (EUROMAT) has confirmed the appointment of Jason Frost as its new President, serving a fixed two-year term. EUROMAT governance announced the leadership appointment at its annual general meeting, held in Berlin last week. An industry veteran, Frost takes over leadership of the industry body having previously served as President of the British Amusement Catering Trades …
Read More »Seven Star Digital moves into betting territory with launch of TopRatedBetting.co.uk
Industry marketing specialist Seven Star Digital, the operating firm of online casino portal TopRatedCasinos.co.uk, has announced that it will move into the sports betting affiliate market launching new bookmaker comparison site TopRatedBetting.co.uk. Detailing the launch of its new website, Luke Eales Seven Star Founder & CEO stated that his firm wanted to diversify its industry affiliate portfolio, responding to current …
Read More »Veikkaus Finland selects Kiron Interactive as lead Virtual Sports supplier
Recently enlarged Finnish state-owned betting operator Veikkaus has selected Kiron Interactive to be its lead virtual sports content provider. Updating the market, Kiron Interactive detailed that it would initially supply 17 virtual sports games to Veikkaus retail network. The games inventory will include popular Nordic content Hockey Shots and Speed Skating. Kiron was chosen by the government-owned Veikkaus, which has an …
Read More »Tabcorp ‘resets’ Sun Bets after slow start
Redundancies are on the cards at Sun Bets, the online bookmaker run by Australian operator Tabcorp Holdings and with UK national newspaper The Sun, as the business gets ‘reset’ after a disappointing start. Tabcorp has confirmed that the company is in discussion with a number of its employees as it looks to close its customer contact centre and bring all …
Read More »Betgenius secures Grupo Codere global trading partnership
Genius Sports betting subsidiary technology Betgenius, continues to expand its industry footprint confirming that it has secured an agreement with Spanish legacy gambling operator Grupo Codere which will see it become the lead provider of pre-match and in-play trading provisions. Securing partnership terms, Betgenius will act as preferred provider of Codere trading markets for both its retail and online betting assets. …
Read More »888 Shakeds’ gain £108 million in family share sale
The Shaked Family the largest shareholders in 888 Holdings, have earned a reported £108 million by selling 40 million shares in the FTSE250 listed online gambling group. The family executed its share sale last week at a value of £2.70 per share and will see the combined Shaked shareholding reduced to 37% of equity. Israeli business news sources report that …
Read More »ESIC forms eSports advisory partnership with UK Gambling Commission
Non-profit Esports Integrity Coalition (ESIC) has detailed that it has signed a memorandum of understanding with the UK Gambling Commission (UKGC), which will see the organisation become an adviser on the detection and prevention of betting malpractice within eSports. Set-up in 2015, ESIC’s aim is to uphold the integrity of eSports and its related stakeholders against match manipulation and potential …
Read More »EC allows Denmark to open up bingo & horseracing markets as Danske Spil loses market monopoly
The European Commission (EC) has permitted the Danish government to open up its online bingo and horseracing wagering markets, ending the monopoly position of state-owned gambling operator Danske Spil. The Danish government, in accordance with European Union business laws, wants to liberalise its bingo and horseracing markets. The government had asked the EC for a review of its draft laws …
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